Crypto Biz: Riot Platforms and Bitfarms dispute escalates
This week’s Crypto Biz explores the corporate battle between Riot Platforms and Bitfarms, Tether’s $1 billion budget for startups, Ripple Labs’ new custodian deal, and more.
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Major Coins Trading Sideways, Bitcoin Deepens Under $10,000
Monday, Sept. 23 — Major cryptocurrency markets are reporting mixed signals today, with Bitcoin (BTC) being slightly bearish following the launch of Bakkt’s physically delivered Bitcoin futures.Market visualization. Source: Coin360The leading digital currency Bitcoin is down by 1.55% on the day to trade at around $9,813 at press time. During the day, BTC has been…
Fork of July: Cardano Vasil upgrade successfully launches on testnet
With the Cardano testnet hard fork complete, all that remains is to fork the mainnet, which will come in about four weeks, or when developers have had enough time to prepare their tools for the upgrade. 175 Total views 2 Total shares The much-anticipated Vasil hard fork has been completed on the Cardno testnet, bringing…
Bitcoin Price Tightens as Traders Prepare for a Second Shot at $9.2K
After a strong two week performance that saw Bitcoin (BTC) price rise from $7,700 to $9,200, the top crypto asset appears to be consolidating before making another attempt at $9,200. As this process takes place and Bitcoin’s dominance rate dropped slightly, many altcoins rallied with double-digit gains which brought many to test or even push…
Dogecoin Foundation works with Ethereum co-founder on DOGE staking
The new DOGE PoS version aims to allow anyone to get rewards for their contribution to running the network. 677 Total views 28 Total shares The Dogecoin Foundation, a non-profit organization behind the meme-based cryptocurrency Dogecoin (DOGE), is working on a staking mechanism in collaboration with Ethereum co-founder Vitalik Buterin.The Foundation on Thursday released its…
Waves CEO Sells His Stake in Blockchain Spin-Off Vostok
Founder of token issuance platform Waves has fully sold his stake in the firm’s blockchain spin-off Vostok to focus on the Waves Platform.Alexander Ivanov, CEO and founder of Waves, sold his stake in the Vostok, with global financial group GHP Group becoming the sole owner of the project, according to a press release on July…
Gemini Hires Former Morgan Stanley Exec as New Chief Compliance Officer
The Winklevoss brothers’ cryptocurrency exchange Gemini has hired Noah Perlman, a former executive at financial services giant Morgan Stanley, as its new chief compliance officer.Per an official announcement published by Tyler Winklevoss on Sept. 4, Perlman joined Gemini after 13 years at Morgan Stanley, where he worked as global head of financial crimes and global…
NFTs take center stage at ETH Denver 2021
At ETH Denver’s virtual conference, non-fungible tokens have been in the limelight with seven mainstage presentations devoted to utility, adoption, and novel use cases — a sign of growing acceptance for what was once considered a niche or lesser application of blockchain tech.While the seven presentations have been dwarfed by decentralized finance’s 14 (not to…
CFPB leaves crypto wallets out of ‘Larger Participant’ rule
The agency highlighted consumer and industry comments in a 259-page report detailing the final draft of the "Larger Participants" rule.